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The Cologne Institute for Economic Research adjusted the wage gap to less than 2%. They reduced the gender pay gap from 25% to 11% by taking in account the work hours, education and the period of employment. The difference in revenue was reduced furthermore if women had not paused their job for more than 18 months due to motherhood. [149] [150]
The usual pattern whereby men assign themselves more pay than women for comparable work might explain why men tend to initiate negotiations more than women. [177] In a study by psychologist Melissa Williams et al., published in 2010, study participants were given pairs of male and female first names, and asked to estimate their salaries.
Unemployment in the US by state (and 2 cities) for FY 2021 Unemployment by County (November 2021) Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation ...
The facts of the gender pay gap are stark. In 2021, women earned 84% of what their male counterparts earned, according to the U.S. Census Bureau, and the gap isn’t projected to close for another ...
Workers in the highest-paid 25%—those making $79,500 or above—had the largest drop in hours worked. The lowest-paid, on the other hand, are working more. View this interactive chart on Fortune.com
Women in female-dominated jobs pay two penalties: the average wage of their jobs is lower than that in comparable male-dominated jobs, and they earn less relative to men in the same jobs. Since 1980, occupational segregation is the single largest factor of the gender pay gap, accounting for over half of the wage gap. [31]
Consumer spending, which accounts for more than two-thirds of economic activity, grew at a 3.7% pace. That was revised up from the previously estimated 3.5% rate.
The gender pay gap refers to the median annual pay of all woman who work full-time and year-round, thus compared to the pay of a similar background of men. [77] There is not one reason behind this gender pay gap, rather the pay gap is a result of many factors that cannot be apparent to the general public.